Bullish (NYSE:BLSH) Trading Down 4.9% - Here's What Happened

Key Points

• Bullish shares declined by 4.9% on Monday, dropping from a closing price of $70.82 to a last trade of $67.37.
• The company experienced a significant drop in trading volume, with only 1,073,982 shares exchanging hands, a decline of 89% compared to its average volume.
• Bullish has a market capitalization of $9.60 billion and a notably high PE ratio of -1,299.55.

Bullish (NYSE:BLSH - )'s share price fell 4.9% on Monday . The company traded as low as $65.49 and last traded at $67.37. 1,073,982 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 9,840,313 shares. The stock had previously closed at $70.82.

Bullish Stock Down 7.2%

The stock has a market capitalization of $9.60 billion and a PE ratio of -1,299.55.

About Bullish

Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our objective is to provide mission critical products and services that are designed to help institutions grow their businesses, empower individual customers, and drive the adoption of stablecoins, digital assets, and blockchain technology.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.